Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME .
It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality.
Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME.
Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick .
FOR CHARTS, PLS VIEW OUR BLOG
http://chrissyconn.blogspot.com/
oops shud be HSI not HY :) price is still sideways but watch out now an ascending triangle in progress on 5min ... if price manages to break above, this will trigger all the shorties stop loss (buy) orders and the breakout traders will join the party with more buy orders further fueling a rally !!
Mar 23, 2018 02:41 PM | Report Abuse HY daily is at support zone ... becuz of this, do watch out if u are playing intra-day put !! additionally, the 5min chart selling momentum is diminishing giving us a heads-up that it's either due for a (1) rally or (2) sideway movements ..
Hi guy...warning advice...if play contra pls leave now and don’t hold it...if play Long term just take profit and leave ...if losing, also plan to cut...cause market KLCI will start dropping liao...must becareful...this only my view...if I’m wrong pls correct me...no offence to everyone
no more ascending triangle on HSI 5min .. more like a horizontal box now .. price going back to the low of the range .. if breaking below this, then bearish bias .. else, sideway movements shall continue meaning price may move back to the high of the range ! until price breaks the boundary of the box, sideway bias ??
pretty ... wait for price to play out (either break above or below) the ascending triangle on klci !! technically, price shud break above since the underlying trend is up ... however, with trade war and then GE going on technicals and fundamentals do not jive now :) so, which one to follow ???
Connie....stay clear of the market.....is artificial pump up for the GE14.Me now having an exciting time trading......Option trade on currency pairs.....v fast n furious lor
3 months of down trend coming to mkts...at the end of it...let's see if mkt stay range bound or rebound....now most important is preserve capital....puts is just for coffee money.
i read from the book on price action... they keep saying hat ignroe other information... all these would have been known by the MM which is reflected in price action
hawk ... admire your ability to read so many charts comprising of indices / forex / stock market !! hawk, if u dabble in forex why not futures ??? esp if u trade NY closing for forex .. then u can also stay up for HSI futures :)
rchi .. it's possible to reach your magical number !! however, there may be a strong rally when price reaches this zone 6.3-6.45 cuz if we look at the weekly chart, there are confluence factors :- 1) fibonacci golden ratio extension 1.618 2) horizontal price support 3) very near weekly 200MA support
as of now, HY is still in the descending price channel .. price is at the mid-line .. not an ideal spot to long unless one has got a very unique strategy (eg keep averaging down till price hits the lower channel ???) that only he/she has an edge playing it :) possibly a better way is to long when price hits the lower channel with a bullish candlestick pattern and 1st TP upper price channel ??
connie......bursa market is very bearish.....so hv to venture into other markets.Now ardy too busy with following....
1) forex( can see profit within 1~5 days ) 2) option( currency pairs)....fast n furious,can see profit within 1~15 mins 3) hsif warrants 4) fcpo 5) fkli 6) shares( hit n run) 7) no time for others ........need to rest lor :):):)
Posted by connie > Mar 26, 2018 01:33 PM | Report Abuse
hawk ... admire your ability to read so many charts comprising of indices / forex / stock market !! hawk, if u dabble in forex why not futures ??? esp if u trade NY closing for forex .. then u can also stay up for HSI futures :)
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Posted by Christine Goh > 2014-03-11 21:40 | Report Abuse
Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME . It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality. Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME. Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick . FOR CHARTS, PLS VIEW OUR BLOG http://chrissyconn.blogspot.com/